HKBNHKBNF 47 Operating Margin % is 9.55% as of Feb. 2026, which is 8% above its 10-year median of 8.84. GuruFocus rates HKBNF with a GF Score™ of 47/100 and a GF Value™ of $0.79 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 367 Telecommunication Services companies, HKBN ranks worse than 50.41% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. HKBN's Operating Income for the
six
months ended in Feb. 2026 was $74 Mil. HKBN's Revenue for the
six
months ended in Feb. 2026 was $771 Mil. Therefore, HKBN's Operating Margin % for the quarter that ended in Feb. 2026 was 9.55%.
Good Sign:
HKBN Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for HKBN's Operating Margin % or its related term are showing as below:
HKBNF'
s Operating Margin % Range Over the Past 10 Years
Min: 6.49 Med: 8.84 Max: 16.54
Current: 9.72
HKBNF's Operating Margin % is ranked worse than 50.41% of 367
companies
in the Telecommunication Services industry
Industry Median: 9.73
vs HKBNF: 9.72
HKBN's 5-Year Average Operating Margin % Growth Rate was 4.80% per year.
HKBN's Operating Income for the
six
months ended in Feb. 2026 was $74 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was $142 Mil.
HKBN (OTCPK:HKBNF) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
HKBN Operating Margin % Related Terms
HKBN Operating Margin % Historical Data
* Premium members only.
The historical data trend for HKBN's Operating Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HKBNF vs TMUS, VZ, T: Operating Margin % Comparison
For the Telecom Services subindustry, HKBN's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HKBN Operating Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, HKBN's Operating Margin % distribution charts can be found below:
* The bar in red indicates where HKBN's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
HKBN's Operating Margin % for the fiscal year that ended in Aug. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HKBN (HKBNF) has a Operating Margin % of 9.55% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on HKBN and its competitors. This is near median its historical median of 8.84. Over the past decade, HKBN's Operating Margin % has ranged from 6.49 to 16.54. According to the industry distribution chart, HKBN ranks #185 out of 367 companies in the Telecommunication Services industry, placing it in the top 50.4%.
Is HKBN's Operating Margin % too high?
HKBN's current Operating Margin % of 9.55% is near median its 10-year median of 8.84. Over the past 10 years, this metric has ranged from a low of 6.49 to a high of 16.54. The Telecommunication Services industry median Operating Margin % is 9.73. HKBN's value of 9.55% is 1.8% below this industry median. Based on the distribution chart, HKBN ranks #185 out of 367 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, HKBN has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HKBN's Operating Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, HKBN ranks #185 out of 367 companies for Operating Margin %. This places HKBN in the lower half of its industry. The industry median Operating Margin % is 9.73. HKBN's value of 9.55% is 1.8% below this benchmark. Historically, HKBN's own Operating Margin % has ranged from 6.49 to 16.54 over the past decade. While the company's 10-year median is 8.84 vs. the industry median of 9.73, HKBN has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.73, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HKBN's current Operating Margin % of 9.55% is 1.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on HKBN and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HKBN's current Operating Margin % is 9.55%, which is near median its own 10-year median of 8.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HKBN stock overvalued right now?
Based on GuruFocus' analysis, HKBN (HKBNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.79, compared to a current price of $0.91 — trading 15.6% above its estimated fair value. The current Operating Margin % is 9.55%, which is near median its 10-year median of 8.84 and 1.8% below the Telecommunication Services industry median of 9.73. HKBN's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For HKBN (HKBNF), the current Operating Margin % is 9.55% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HKBN (HKBNF) Overvalued in 2026?
Based on GuruFocus' analysis, HKBN stock appears to be overvalued.
The current stock price of $0.91 is trading 15.6% above its estimated GF Value™ of $0.79.
GuruFocus considers HKBN to be Modestly Overvalued.
Key valuation signals for HKBNF:
Operating Margin %: 9.55% (near median its 10-year median of 8.84)
GF Value™: $0.79 vs. price of $0.91 (15.6% above fair value)
Industry Position: 1.8% below the Telecommunication Services median (#185 of 367)
No single metric tells the full story. See the HKBNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are: provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong; system integration services; product sales; and marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (Hong Kong) and the majority of the company's revenue is generated from Hong Kong.
47GF Score
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